$14,000,000 Active
896 Lakeshore Boulevard
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
6.0 Baths
·
7,022 Sq Ft

About This Property

This exceptional estate is ideally positioned on prestigious Lakeshore Boulevard. Set on a desirable corner lot, it offers an expansive backyard, abundant deck space, and generous outdoor living areas. Cherished by the same family since they purchased it directly from the builder, the home has never before been offered on the open market. Behind a grandfathered eight-foot privacy fence, timeless architecture, vaulted ceilings, and abundant natural light frame an exceptionally spacious floor plan designed for gathering and entertaining. An oversized family room with a full wet bar provides a central gathering place, while expansive ensuite bedrooms with adjoining sitting rooms offer privacy and space to spread out. Six fireplaces, a wine room, elevator, four-car garage and additional parking complete this rare opportunity to own one of Incline Village’s most distinctive legacy homes.

Listed by Chris Plastiras — Lakeshore Realty

Listing Details

Status Active
MLS # 1019060
Days on Market 1
Price/Sq Ft $1,994

Property History

Jul 16, 2026
Listed for sale
$14,000,000
Property Overview
Beds 5
Baths 6.0
Sq. Ft. 7,022
Lot Size 0.46 acres
Stories 2
Year Built 1999
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 122-211-47
Parking
Garage Spaces 4
Parking Features Attached,Four Car Garage,Four or more Spaces,Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Deck,Fence,Landscaping,Patio,Private Yard,Rain Gutters
Lot Features Corner Lot,Level
View Trees/Woods
Construction Frame,Stone
Roof Composition,Pitched
Utilities & Systems
Heating Radiant,Hot Water,Radiant Floor
Financial
Annual Tax $42,875
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 896 Lakeshore Boulevard, Incline Village

Est. Annual Revenue
$521,235
Avg Nightly Rate
$4455
Projected Occupancy
32.0%
Cap Rate
1.5%
Structural Score: 70 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Incline Village. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
7,495 sq ft covered of 6,000 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
19,999 sq ft
Allowed Coverage
6,000 sq ft · 30%
Existing Coverage
7,495 sq ft · 37%
Addable Coverage
0 sq ft
IPES Score
952.0
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($2,800,000)
Home price
$14,000,000
Loan details
30-yr fixed, 6.5%
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